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A bright future for ICT in Switzerland

For the first time, Switzerland makes the top 10 of the International Telecommunication Union’s ICT Development Index.

A bright future for ICT in Switzerland

The ICT Development Index (IDI) is a composite index combining 11 indicators into one benchmark measure that can be used to monitor and compare developments in information and communication technology (ICT) between countries and over time. The indicators are grouped in 3 main sub-indices; readiness, use and skills.

With an aggregated value of 8.56 over 10, Switzerland secures the 7th spot of the IDI 2015 – ultimately breaking its own record and making the top 10 of the ranking for the first time. Since 2010, the country has improved in various of the 11 indicators, for instance via an increasing number of active mobile broadband subscriptions, fixed-broadband subscriptions and households with Internet. Korea, Denmark and Iceland are leading the index this year.

If Switzerland is so advanced when it comes to information and communication technologies, it is also because it possesses a strong R&D mindset, “produces” great talents and projects through its engineering schools and offers many financing possibilities for startups as well as robust data management and protection solutions. Such aspects have made the alpine country highly appealing to foreign companies. The Swiss fintech scene, for instance, has developed extremely fast recently, with many newcomers from abroad.

For more information, please refer to our ICT fact sheet.

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